Why IoT Could Make or Break the Insurance Industry

Pushing new boundaries means taking risks. And in the race to redefine possibilities for the Internet of Things, the very real risk is security isn’t being prioritised.

Connected devices are making their way onto the market without the diligence and scrutiny many consumers take for granted.

Headlines are awash with warnings around IoT. A survey by Gemalto revealed most organisations (96%) and consumers (90%) are already demanding greater IoT security regulations1. But much of the media attention focuses on fanciful “headline hacks”, rather than the more mundane (and more probable) vulnerabilities. Like fraud and identity theft.

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